Awake to Dream Inc

Nonprofit profile at a glance

EIN
661063801
IRS 990 coverage
2024–2024
Forms available
Form 990 2024
Location
Cabo Rojo, PR, USA
Phone
9842987238
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Food, Agriculture, and Nutrition N.E.C.

Official website

Reported finances

Revenue
$39,030
Expenses
$28,119
Assets
$10,911
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • KENNETH ARRINGTON (DIRECTOR - CHAIR)
  • SUE POTGEITER (TRUSTEE)
  • JACOB TIPPETT (TRUSTEE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Recognizing the profound challenges faced by poverty-stricken communities in Puerto Rico, particularly in the Mayaguez area, Awake to Dream is established to foster a self-sustained, eco-friendly community farm aimed at alleviating food insecurity, providing disaster relief, and empowering the local community through education, sustainable agriculture, and intentional living practices.

What it reported doing in 2024

Program Service 3: Resilient Communications and Remote Access Systems Development Total Expenses: $4,790.54 Grants and Allocations to Others: $0 Revenue: $0 As we are a new charity formed in March 2024, this first year has been focused on establishing infrastructure for our programs. A key element of that infrastructure has been the development of a resilient communications and coordination hub to support our ongoing and future work throughout Puerto Rico. This program focused on securing essential communications systems and digital infrastructure to ensure continuity of operations in both off-grid and emergency contexts. Investments included satellite internet capabilities, remote access systems, and disaster-resilient hardware, all of which are critical for our work in rural areas with unreliable connectivity. While we await finalization of land acquisition, these systems are being structured into a three-stage implementation plan to allow for rapid scaling as our programs expand. This foundation enables Awake to Dream to remain agile, accessible, and operational across all phases of its mission work.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 90
  • Accountability: 88
  • Sustainability: 56
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 72%; rating input score 72
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 28%; rating input score 78; 78th percentile among comparable filings
  • Total-asset coverage ratio: 0.39; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 72% of revenue deployed · 100% of spending went to programs
  • Governance: 3 of 3 board members independent · 5 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $28K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 41 of 41 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Sustainability: Total-asset coverage ratio scored 15/100.